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1340 W Main St
Danville, VA 24541

$30,488 USD/MO

Storefront For Lease  •  36,585 SF

Property Details

  • Property Type Storefront
  • Year Built 1980
  • Total Building Size 36,585 SF
  • Tenancy Multiple
  • Building Class C
  • Zoning Retail
0 Transit Score
30 Walk Score

1 Space Available

Name Space Use Size Rent Details
1st Floor Ste 1 Retail 36,585 SF $10.00 USD/SF/YR
The space is a Former Kroger Grocery Store.  The space is partially built out and ready for updated renovations.  This is a highly desirable retail location and space that is ready for a new grocery store, retailer or entertainment.  It features high ceilings, a loading dock, ample parking, great visibility and signage.  The Landlord is very reasonable and we are open to a TI Allowance for qualified Tenants and Rent Abatement for build out.   The center benefits from traffic and attractive Caesars Palace Virginia only hundreds of feet away on Main Street.

  • Date available: Now
  • Lease term: 5 Years
  • Service type: Triple Net
  • Built out as: Standard Retail
  • Space Type: Relet

Description

This highly visible retail center and outparcel are geographically positioned adjacent to the new Caesars Palace Danville which is an amazing $650 million resort and casino with a 320 room hotel tower, a massive 90,000 square foot gaming floor consisting of 1,500 slot machines, 79 line table games, 48 electronic table games, poker room, sports book and upscale dining like Ramsay's Kitchen.  It that has generated over 1,300 ongoing jobs and features a 2,500-seat live entertainment venue, 50,000 sq. ft. of conference space.  The center is currently anchored by Family Dollar located adjacent to Hardee's. There is a 1/2 acre outparcel available for ground lease. The center has easy  access and excellent visibility on W. Main Street. The Danville, VA regions spans a dynamic economic spectrum, shifting from its historic textile heritage into a thriving hub for advanced manufacturing, healthcare, food processing and hospitality.  Major Employers and Corporate presence includes Goodyear Tire & Robber Company, Sovah Health a teaching hospital for the region, Caesars Virginia a massive luxury resort, casino and entertainment complex and Nestle USA / Buitoni Food Company who is a major pillar in the food manufacturing sector.  The area also boosts key industrial sectors Intertape Polymer Group, Unarco Industries, Dan Chem Technologies, Walmart, Target, Kroger and ALDI.  The downtown River District also serves as the center for small businesses, retail and local dining.

Highlights

Great visibility and access from W Main Street across from new Caesars Palace development (opening 2023).
Near Schoolfield Elementary, Ballou Park, Sovah Health Center and Danville Community College.
Anchored by Family Dollar adjacent to Hardee's. .054 AC +/- out parcel available.
Immediately Available a Former Krogers with 36,585 S.F.
Excellent ingress, egress, parking and signage

Property Flyers

Public Transportation

Commuter RailDriveWalkDistance
7 min - 3.7 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 275
Type: Surface
Included in Rent: Yes
Louie Granteed 954-868-4163 Tobin Real Estate, Inc.
Louie Granteed 954-868-4163 Tobin Real Estate, Inc.